According to INTERFAX.RU, the restrictive measures, imposed by U.S. against Moscow, greatly complicated the arms trade between India and Russia, in respect to which the parties think of switching to the settlements in national currency, the Indian newspaper Economic Times informed on Tuesday.
The message says that the sanctions became the reason for deferring Indian payments for RF, amounting to about $2 bln.
According to the edition, after several stages of consultations, Moscow and Delhi came to conclusion that the way out of the existing information can become the transactions in rubles and rupiahs, conducted as per the exchange rate, pegged to some international currency.
Currently, the payments between countries are made in U.S. dollars.
According to the information of Economic Times sources, the parties did not succeed yet to find the bank, which would agree on making such payments. It is due to the fact that the banks fear of imposing U.S. financial sanctions against them.
